Understanding Cannabinoids: CBN vs CBD
While there are many cannabinoids that may enhance the therapeutic effects of hemp products, the most common renowned product is the phytochemicals in the Cannabis genus that contain the tetrahydrocannabinol or THC. This is the substance that is responsible for all of the psychoactive effects of cannabis. CBD has long been associated with the variety that offers up the best help benefits without offering up the high that the THC gives to users.
While the CBD may not be the feature that is in all of the hemp products, it’s a by-product of the THC. Hemp Genix, Wholesale CBD Oil in Johnsonville, has 80% purity compared to competitors at 17%-40%. The CBN doesn’t bind to the body’s cannabinoid receptors like the THC does. It’s long been known to give a stronger sedative effect when it’s used in combination with the THC.
At Hemp Genix, all of our products are made with 100 percent USA, Zero THC and 80 percent purity Wholesale full-spectrum CBD oil in Johnsonville. This is carefully derived from a variety of cultivars of hemp which contain an abundance of cannabinoids.
A lot of people are very familiar with CBD or Cannabidiol. This is found in highly concentrated amounts in a variety of products. However, there are lots of cannabinoids that are found in hemp. These have shown a variety of benefits in studies. All of our products offer you full-spectrum hemp oil. This also includes all of our cannabinoids that are found in the plant. We don’t want you to miss out on any of the benefits.
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This is the most abundant cannabinoid in the hemp oil. It makes up 90 percent of the content of cannabinoid. It’s non-psychoactive and the focus is on how it benefits the body via the hemp oil. It has minimal affinity for CB1 or CB2 receptors. The main focus on interaction is in the endocannabinoid system and it acts as an indirect antagonist toward the cannabinoid antagonists. This, in turn, may allow the CBD to temper the high that is caused through the THC. Wholesale CBD Oil in Johnsonville from Hemp Genix are over 80 percent pure and CBD makes up the majority of the Oils weight. Industry averages and nearly all of the other products with cannabinoids and brands average in at 17 to 40 percent purity.
What’s The Difference Between CBD And CBN?
Cannabis has a number of cannabinoids in which the most abundant are the levels of THC. There are 9 tetrahydrocannabinol as well as CBD and CBN. This is the active ingredient that makes you high. The THC is in the plant and the CBD is the precursor and the CBN is the metabolite of the THC. As the cannabis ages, the THC level breaks down into the CBN.
This also leads researchers to believe that the CBD might give some protection against ecstasy-derived neurotoxins or long-term depletion of the serotonergic receptions. While this is still speculation, it’s investigating further. The CBD is usually present in significant enough quantities in such products as hashish or cannabis resins. However,r it’s also in the herbal cannabis referred to as skunk in smaller amounts.
Overall, the CBN is a great cannabinoid that offers up a varied range of therapeutic applications that work together with the rest of the “team” in order to offer up the best possible results. Clearly, more clinical trials are required to see how else it can benefit patients.
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Editor's note: This article is part of Inc.'s 2015 Best Industries report.
In the beginning, Pete Williams grew medical marijuana in his basement. He grew strains with names like White Widow and Sour Diesel, and it was good. Eventually, Pete's older brother Andy joined him and the business soon became too big for the basement. Five years later, Medicine Man is one of the largest and most successful cannabis dispensaries in the state of Colorado. With two retail locations, one in Denver and the other in Aurora, the company produced 7,000 pounds of pot and made $8 million in revenue in 2014.
The Williams brothers--along with their sister, Sally Vander Veer, who helped with Medicine Man's launch and came on as CFO in 2013--are one of the many success stories in Colorado's $1.5 billion legal weed industry. According to a report by Convergex Group, the state's 300 licensed marijuana businesses generated $350 million in revenue in 2014, a figure that's expected to grow by 20 percent this year.
Out of the basement.
In 2008, the recession crippled Pete's custom tile business. After 18 years of marriage, he and his wife got divorced, and he needed to make money to support his two children. A friend gave him 16 pot plants, each one small enough to fit inside a Dixie cup, and told him there's good money in "caregiving," or growing weed for medical patients. A born tinkerer, Pete built a complex grow system incorporating hydroponics and aeroponics techniques. That first year, he made $100,000 out of his basement selling to dispensaries.
President Obama declared state-legalized medical cannabis a "low priority" for law enforcement the following year. That's when Andy came down to the basement with a plan. "I'll be the businessman and you be the green thumb," Andy, now the president and chief executive of Medicine Man, remembers telling Pete.
With a loan of just over a half-million dollars from their mother, the brothers leased a 20,000-square-foot space in a warehouse in Denver's Montbello neighborhood and built a state-of-the-art hydroponics-based system. At that time, the brothers were selling wholesale, but in December 2010 a new law was enacted requiring cannabis growers to sell their product directly to customers. Andy and Pete built a dispensary in the front of the warehouse and ceased their wholesale business.
By 2013 Medicine Man was able to buy the warehouse and had generated $4 million in revenue. But with the legalization of recreational marijuana on the horizon, Andy knew the company needed to raise more money to expand their grow facility and up production in preparation for a spate of new customers. He pitched cannabis angel investor network ArcView Group in California and secured $1.6 million in funding.
"Andy was the right entrepreneur at the right time for an investment opportunity. At the end of the day, it's clear Andy thought all the way through the pieces of the puzzle," says ArcView CEO Troy Dayton. (Neither Dayton nor ArcView is a Medicine Man investor.) "In a nascent industry, companies get traction not only when they are early but when they are a great business and composed of great people--Andy has both."
On January 1, 2014, the first day sales of recreational marijuana were officially legal, Medicine Man sold 15 pounds of pot and made close to $100,000. Meanwhile Pete, Andy, and Sally have been looking ahead to a day when cannabis becomes legal nationwide. To ensure another revenue stream, the trio created Medicine Man Technologies, a consulting firm that offers turnkey packages to entrepreneurs who want to start pot business. Medicine Man Technologies, which has helped clients build medical facilities in New York, Illinois, Florida, and Nevada, will become a publicly traded company on the over-the-counter market this summer.
The challenges of being a potpreneur.
In spite of the safe haven Colorado has created, pot businesses still face at least two major hurdles: First, until major banks decide it's safe to bring on marijuana clients, the businesses must deal exclusively in cash. Medicine Man, which says it brought in $50,000 a day in December, has had to invest heavily in security measures. Its two locations are equipped with a total of more than 100 cameras trained inside and out, as well as bulletproof glass and doors. The company has also hired security company Blue Line Protection Group to supply armed guards for the dispensaries and warehouses, and armored trucks to run money from the safe to pay bills, the government, and vendors.
Cannabusinesses also face extremely high taxes, in some cases exceeding 50 percent. But thanks to Pete's super-efficient grow operation, which produces a gram of marijuana for the comparatively low cost of $2.50, Medicine Man has been able to slash prices for the customer while staying profitable--so even after the state takes its cut, the company's margins are 30 to 40 percent, Sally says.
It's easy to look at the Williamses, or watch them on MSNBC's reality show Pot Barons of Colorado, and believe they have the life. The trio seem to be sitting on top of the Mile High City's legal weed industry, but they didn't get up there without personal sacrifice. For example, Andy's decision to give up a stable job to launch Medicine Man cost him his marriage.
"One thing people don't understand is that the entrepreneurs who started the industry in Denver are pioneers in the truest sense. What it takes to be a pioneer is vision, the ability to see something, and the courage to go after it despite the risks," he says. "The risks weren't just about money--they were about our reputations, our freedom, and our families. People risked everything for it."
After years of dealing with all those risks and sacrifices, the Williamses now say they're ready to put their feet up and enjoy the rewards of building the "Costco of marijuana." The siblings are currently in talks with private equity firms regarding an acquisition. They put the current value of the 80-employee business at $30 million, and say it will bring in $15 to $18 million in revenue in 2015.
"We began this whole thing with an end game in mind," Pete says. "We're all in our late 40s and we don't want to work for the rest of our lives."
He adds that they're willing to sell their majority stake, but they'd like to hang on to 5 to 10 percent. "If we don't sell out, [an acquiring company] will buy our biggest competitor," he says. "If we hook up with the right people, Medicine Man can be a household name like Pepsi or Coke. [People will say,] 'Go get me a pack a Medicine Mans, honey.'"
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Guide To Cannabidiol Oil
What is cannabidiol oil (CBD) and where does it come from? Is it legal and what are the benefits of it and what are the different types of CBD oil products? If you want to find out the answers to those questions and if you want to learn more about CBD oil, then read the rest of this article.
1. What Is CBD- It is one of the compounds that is present in cannabis, but in order for CBD oil to be made, cannabidiol is separated from THC, another compound found in cannabis. THC can cause numerous side effects, but when people use CBD oil, they don't suffer those side effects. It's also worth pointing out that cannabidiol is completely natural.
2. Where Does It Come From- As previously mentioned, CBD is separated from THC, which is illegal in many places and it is the substance that causes marijuana users to get that high feeling. In short, in order for CBD oil to be produced, it is extracted from its sources and undergoes a process that turns it into an oil-based product. In short, it's extracted from hemp, turned into oil and then used by consumers.
3. Is It Legal- A lot of people are confused as to whether or not CBD oil is legal. However, it is legal across the world, but people are often confused because it does bear similarities to THC. CBD oil can be purchased and used without a prescription. It is thought to be completely safe too.
4. Benefits Of CBD Oil- There are so many benefits of using the oil. This is why more and more people are turning to it for various conditions and reasons. Many people use the oil to help them with a number of conditions, such as PTSD. If you suffer from this condition, then you may want to consider using a CBD oil supplement.
The oil is thought to help those that suffer with anxiety. In fact, it may help prevent a person from having an anxiety attack. Not only that, but the oil may help a person feel more relaxed because it's known for its muscle relaxing effects.
Diabetics and those who suffer from alcoholism tend to benefit from using the oil. Those with epilepsy and Multiple Sclerosis too. If you're diabetic or suffer with alcoholism, MS or epilepsy, then using CBD oil may be worth considering.
Those are not the only benefits though. If you suffer from psoriasis, then using the oil may help clear your skin or reduce the symptoms associated with it, such as itchy skin and redness. Psoriasis sufferers tend to feel ashamed about their condition and they sometimes have tried so many things, only to be left disappointment. However, they may be able to finally get results by using CBD oil.
There are people who suffer from chronic pain, but they refuse to take medication, regardless if it's over-the-counter or if the doctor writes them a prescription. CBD oil is thought to help those who deal with chronic pain, and people who suffer from spasms tend to benefit from the oil. The oil has also been used to help those with schizophrenia and psychosis, as well as those who suffer from antibiotic-resistant infections. If you want to experience any of those benefits, as well as the ones previously discussed, then you should consider purchasing CBD oil, which is widely available at many places.
5. Side Effects- When the oil is used as directed, it is thought to be completely safe. There are not many documented cases in which CBD oil was the direct cause of unwanted side effects. Some of the potential side effects may include low blood pressure and dry mouth. Some people may experience light headiness and drowsiness, but keep in mind that the chances of experiencing negative side effects while using the oil are quite low.
6. Types Of CBD Oil Products- There are many brands that produce CBD oil products, which means there are various ways you can use the oil. For example, some products are available in topical forms, while others are taken via a capsule. Tinctures and liquids are available and so are pure CBD oil products. Since there are so many products out there and brands that sell the oil, it's important to compare as many CBD oil products as possible.
Read reviews about different brands and products. This will give you an idea of what product is the best. Once you find a CBD oil product you like, then you can buy it and start using it.
7. Where To Buy CBD Oil- One of the best things about CBD oil products is you can buy them at many retailers, both physical and online. The best place to go for CBD oil is online because you can easily compare products, read reviews and find out what people think of certain products. Afterwards, you can draw your own conclusion and decide what product you want to use. Just remember, it's important to choose a high quality CBD oil and you want to use it as directed because this is how you'll get the most benefits that it offers.
By now, you should have more knowledge about CBD oil. Should you buy it and use it? The choice is ultimately up to you, but make sure you weigh the benefits and side effects before you make a decision.